Emerald Kalama Chemical

LANXESS acquires Emerald Kalama Chemical for USD 1.04 Billion

LANXESS acquires Emerald Kalama Chemical for USD 1.04 Billion

Mumbai (Maharashtra) [India], August 06: Specialty chemicals company LANXESS completed the second-largest acquisition in its history on August 3 with the takeover of Emerald Kalama Chemical. The US-based specialty chemicals manufacturer was majority-owned by affiliates of private equity firm American Securities LLC. All required regulatory approvals have been received. The enterprise value of Emerald Kalama Chemical was USD 1.075 billion (EUR 900 million). After deducting liabilities, the purchase price was approximately USD 1.04 billion (EUR 870 million), which LANXESS financed from existing liquidity. “Emerald Kalama Chemical gives us another major boost on our growth path. The new businesses are an…
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